Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Old Natl Bancorp Ind (ONB)

424 + Investors. Track Smart Money conviction in ONB. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +35
Streak
2Q ▲
Buyers last Q
58%

Smart Money Signals — ONB

Based on 428 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added ONB than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
428 hedge funds hold ONB right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +11% more funds vs a year ago

fund count last 6Q
+43 new funds entered over the past year (+11% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 58% buying

223 buying162 selling
Last quarter: 223 funds bought or added vs 162 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

More new buyers each quarter (+24 vs last Q)

new funds entering per quarter
Funds opening a new ONB position: 65 → 36 → 52 → 76. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

60% of holders stayed for 2+ years

■ 60% conviction (2yr+) ■ 22% medium ■ 18% new
256 out of 428 hedge funds have held ONB for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📈

Growing discovery — still being found

54 → 65 → 36 → 52 → 76 new funds/Q
New funds entering each quarter: 65 → 36 → 52 → 76. A growing number of institutions are discovering ONB each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 66% veterans vs 22% newcomers

■ 66% veterans ■ 12% 1-2yr ■ 22% new
Entry-cohort mix of 431 holders: 284 (66%) are 2+ year veterans, 51 entered 1–2 years ago, and 96 (22%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 42% AUM from top-100 funds

42% from top-100 AUM funds
51 of 427 holders are among the 100 largest funds by AUM, controlling 42% of total institutional value in ONB. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.6
out of 10
Low Exit Risk
Exit risk score 3.6/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — ONB

In 2026 Q1, 223 hedge funds were net buyers of ONB (76 opened a new position, 147 added to an existing one), while 162 reduced or exited (121 trimmed, 41 sold completely) — a 58% buyer ratio, indicating a slight buying edge. Net buying has persisted for two consecutive quarters, a positive momentum signal. 42% of total institutional value in ONB is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +35 funds (more new holders than closures). Total institutional holders: 428.

Hedge Fund Ownership: ONB

How many hedge funds hold ONB — quarterly history vs. share price
Quarterly hedge fund ownership of ONB vs. share price

Market Analysis: ONB

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: ONB

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Old Natl Bancorp Ind (ONB) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much ONB has moved relative to its sector benchmark (XLF) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 78d ago
ONB
+14.2%
XLF
+1220.3%

ONB outperformed XLF by -1206.1% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 33d ago
ONB
+9.0%
XLF
+4.8%

Since the filing became public, ONB outperformed XLF by +4.2% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

32 top-rated funds 2 high-conviction
Consensus
6.6
/ 10
breadth
×
Elite
2.6
/ 10
conviction
Hedge Fund Positioning: ONB
424 + Investors

Track Smart Money conviction in ONB. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 424 393 7.89%
13F Shares 372M 382M -2.53%
Total Value $8.07B $8.50B -5.08%
New Positions 74 52 +22
Increased Positions 144 119 +25
Closed Positions 43 42 +1
Reduced Positions 120 152 -32
Total Calls 2 3 -33.33%
Total Puts 1 1 -
PUT/CALL Ratio 0.5 0.33 Bullish

Statistics: ONB

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Beta (5Y Monthly) --
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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

424 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in ONB. Verified SEC 13F-HR filings.

QUARTER:
Top 25 ONB holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Old National Bancorp /In/ 15.82% 42,722,736 $944.2M
2 Endeavour Capital Advisors Inc 5.01% 999,484 $22.1M
3 Stieven Capital Advisors, L.P. 3.51% 744,434 $16.5M
4 Algebris (uk) Ltd 3.20% 2,004,571 $44.2M
5 Elizabeth Park Capital Advisors, Ltd. 2.65% 155,600 $3.4M
6 Basswood Capital Management, L.L.C. 1.89% 1,809,335 $40.0M
7 Providence Wealth Advisors, LLC 1.86% 131,090 $2.9M
8 EJF Capital LP 1.83% 117,529 $2.6M
9 Rhino Investment Partners, Inc 1.80% 292,145 $6.5M
10 FJ Capital Management LLC 1.78% 717,018 $15.8M
11 Moody Aldrich Partners LLC 1.67% 419,031 $9.3M
12 Bayview Asset Management, LLC 1.62% 190,000 $4.2M
13 Fuller & Thaler Asset Management, INC. 1.12% 15,055,918 $332.7M
14 Nfj Investment Group, LLC 1.03% 1,225,294 $27.1M
15 Phocas Financial Corp. 1.00% 289,354 $6.4M
16 Leeward Investments, LLC - MA 0.99% 904,960 $20.0M
17 Verition Fund Management LLC 0.73% 5,105,804 $112.8M
18 Aristotle Capital Boston, LLC 0.71% 516,583 $11.4M
19 AM Investment Strategies LLC 0.65% 134,163 $3.0M
20 Carlson Capital, L.P. 0.55% 78,443 $1.7M
21 CTC Alternative Strategies, Ltd. 0.52% 10,400 $230K
22 Stonebridge Capital Advisors LLC 0.50% 326,015 $7.2M
23 Indiana Trust & Investment Management Co 0.49% 72,278 $1.6M
24 Easterly Investment Partners LLC 0.45% 271,221 $5.9M
25 Accredited Investors Inc. 0.44% 366,545 $8.1M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Old Natl Bancorp Ind (ONB)

What does the Smart Money Trend signal show for ONB?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added ONB than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for ONB?

Slight buying edge — 58% buying: Last quarter: 223 funds bought or added vs 162 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for ONB holders?

Elite ownership — 42% AUM from top-100 funds: 51 of 427 holders are among the 100 largest funds by AUM, controlling 42% of total institutional value in ONB. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held ONB?

60% of holders stayed for 2+ years: 256 out of 428 hedge funds have held ONB for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Old Natl Bancorp Ind (ONB) following the 2026 Q1 hedge fund 13F filings?

As of today, ONB has moved +9.0% since the 2026 Q1 13F filing date (May 15, 2026), compared to +4.8% for the XLF sector ETF — an outperformance of +4.2%. Since the quarter end (March 31, 2026), ONB has gained +14.2% vs +1220.3% for XLF. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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